Kamoa-Kakula copper mine
Mine Type: Underground
Kamoa-Kakula copper mine in Congo (DRC) is the largest copper mine discovered in the world in recent 10 years. It is the largest undeveloped high-grade copper mine in Africa and the fourth in the world. As of February 2020, the proven reserves of copper metal are 43,690,000 tonnes, grading 2.53% in average. Drilling work is continuing in Kamoa North rich ore body and Kamoa far north area. There is potential for further exploration and reserves increase. At present, Kakula is speeding up the progress of construction of underground development mining. The designed ore processing capacity of phase I is 6,000,000 tonnes per year and annual production of copper is over 300,000 tonnes. The construction is expected to be completed and put into operation by the end of the second quarter of 2021, and the average grade of ore to be processed in early stage is over 6% .
Zijin Mining holds 49.5% interest of Kamoa holdings which owns 80% interest of Kamoa-Kakula copper mine.